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Topic: Do You Need To Put Your Emotion in Trading ? - page 8. (Read 2541 times)

sr. member
Activity: 2030
Merit: 323
The easiest way of loosing everything you have is to trade with emotions. Emotions is not going to help you in anyway at all. Trading with emotions means you will be stuck with one particular coin and will find it hard to sell. You feel it will come out good soon but that's wrong. Don't ever apply emotions when trading.
There are some things in life that require emotion, but as far as I am concerned, trading is not one of them. In fact, when it comes to trading, this is one you should be having the heart of bot (considering that bots have no heart). When it comes to trading, applying emotion is something that will really jeopardize your account, put you into the path of more mistakes and before you know it, you just simply end up getting frustrated. Strategy and knowledge is all you need when it comes to trading and anything outside that, you are just going to end up flopping really bad.
member
Activity: 636
Merit: 11
From what I have noticed, if you stick to your profit booking and stop loss targets while trading, then the chances are that you will end up with positive returns. But when people get too greedy, they don't care about these targets.
they want to take profit as much as possible.but didnt think if price could move up and down opposite with their position and finally reduce their profit.even make them suffering loss.
legendary
Activity: 3766
Merit: 1217
From what I have noticed, if you stick to your profit booking and stop loss targets while trading, then the chances are that you will end up with positive returns. But when people get too greedy, they don't care about these targets.
newbie
Activity: 42
Merit: 0
No you just need to learn how to trade, research, look for patterns and signs of oversold conditions and low volume.  Emotions cloud your judgement.
Now the trade for massive gains by Xmas this year is Canyacoin CAN.  No emotion just pure oversold conditions on low volume. Yo can thank me later!
source: https://coinmarketcap.com/currencies/canyacoin/
sr. member
Activity: 896
Merit: 250
if I myself will not place emotions in trade, because using emotions if I think getting results is difficult, so the trade that must be matched is a great sense of patience so that we can get good results and want too
full member
Activity: 476
Merit: 105
In this case, you need only a cold head and a calculation plan at what percentage to fix the profit, otherwise it may delay and the trader will have to wait a long time for a new price increase

For profit in the trade you need to be able to get rid of emotions but it is very difficult to do. I have been trying not to panic for a long time when there is bad news but I do not always succeed.
full member
Activity: 759
Merit: 105
Why would someone need to put their emotion when trading if our emotions can alter everything of what we do because we can't control the market situation. Someday you will find yourself thinking how much i had lost when the time i put my emotion every time i am trading. It's not necessary to put all our emotions when we do trading, somehow our emotions can sometimes help us to motivate our self but don't put too much of it or else you will lost yourself.
member
Activity: 420
Merit: 11
November 10, 2018, 01:35:56 PM
#99
As they say great traders who have achieved something, everyone says that emotions need to be turned off, but even professionals do not always manage to do it!
legendary
Activity: 1372
Merit: 1005
November 10, 2018, 12:19:01 PM
#98
You need be cool in the trading. We can't predict about loss and profit always. Tragedy can be happened any time. We should keep calm at the time of loses. We should control our emotions in the trading.
Trading platform both loss and profit is possible but we should not control our emotion. Because once control the emotion we should agree any situation then we will never try carefully in next investment. So I suggest to reflect our emotion because then only we never mistake next time in crypto trading. Most the experts are earn continuous profit in trading platform so we also success in all the trading.
hero member
Activity: 798
Merit: 503
November 10, 2018, 11:32:28 AM
#97
I don’t know what the "two schools" are and from what source you took it.
But I am sure that a person cant deliberately get rid of emotions at all, therefore I call into question the existence of the "first school".
Think about it yourself, can a person completely get rid of emotions?
Especially if we are talking about making money and that the vast majority of traders trade with their own money. This fact itself can no longer make a trade devoid of emotions.
A completely different conversation, when the trader, is trying to take control of his emotions (emotions which make it difficult to make the right decision). This is a great option.
I also met a sufficient number of people who trade without limiting their emotions. Unfortunately, their trade results are often low.
sr. member
Activity: 1750
Merit: 267
November 10, 2018, 11:19:14 AM
#96
You need be cool in the trading. We can't predict about loss and profit always. Tragedy can be happened any time. We should keep calm at the time of loses. We should control our emotions in the trading.
member
Activity: 425
Merit: 10
November 10, 2018, 11:07:02 AM
#95
In times of losses that is where stresses come from. When stress, people can't think of the right things to do just like in trading. Panic may disrupt your rhythm and may result to panic selling. Always remember that cryprocurrency is very volatile so trading woud require great skills and techniques.
sr. member
Activity: 882
Merit: 269
November 10, 2018, 09:26:21 AM
#94
If you know how the cryptocurrencies market works you will not need to bring your emotions in. Trading has to be real to you the way every other business is to you, if you treat trade in other ways there is no way you emotion will not rule it. Remember, that you need to know what you are really doing just the same way it is in other business. Your knowledge is what kill emotion and I think that is the most important aspect of trading (knowledge, understanding and skills).
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
November 10, 2018, 08:20:57 AM
#93
I think, to be able to succeed and get profit in trading then we must be able to control emotions well and stay calm with any conditions, maybe we need to put down emotions but have good emotions and be passionate about getting better
hero member
Activity: 826
Merit: 523
November 10, 2018, 06:47:57 AM
#92

It crucial to eliminate emotions when trading especially when you depend on trading as the major method of your revenue. The space of trading has become more challenging and this entails having a practical perspective in the domain in line with a strategic plan because the marketplace is more dynamic these days. That is why I'm with the school that calls to eliminate of emotions in trading.







legendary
Activity: 1232
Merit: 1029
November 10, 2018, 05:22:24 AM
#91
I think emotion will always be there every time we are in the platform exchange, But as much as possible we supposed to have a self control on

it, for us to avoid loss of capital or our coins. On this way, we can enhance our skill in doing trade in the platform as time goes by, isn't right?
Emotion are part of us as humans, but what makes you a professional trader is your ability to stick with your strategy, have self-control, learn how to execute them perfectly well, know what to do at every point in time when it comes to buying, selling and stopping loss, and sticking with it.

In this kind of case, there is actually no way you will end up being emotional in your style of trading, knowing that your strategy execution is all you need and as you keep doing this, you will keep gaining more confidence and before you know it, you will realize the level at which you are making trading decisions without emotions at all.
full member
Activity: 378
Merit: 100
November 10, 2018, 02:02:43 AM
#90
Trading is very sensitive job and for me it is very important because i have lost some money in the past due to emotion and hurry so now i am confident and i have suggested this to every trader that do your work professionally without any emotions and most of the traders are successful because they know that emotions should keep at home.
full member
Activity: 952
Merit: 104
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November 10, 2018, 01:29:43 AM
#89
full member
Activity: 566
Merit: 102
November 10, 2018, 12:49:32 AM
#88
We can not eliminate emotion like greedy and not patient in trading because all of this is natural,  and we only possible to minimize and to control it. Keep control emotional in trading is important to avoid greedy because greedy is big enemy of trader.
You decide this on the basis of the benefit that you can probably achieve in the business if you put in the emotional factors in the trading. In my opinion, greed is something that helps you quest for more and more that we call the term monotonacity in economics which means that more is preferred. Moreover, there must be good strategies that do not let you loose much in the market and rather earn big. Stay away from the worst side of greed in business.
sr. member
Activity: 630
Merit: 250
November 08, 2018, 05:28:06 AM
#87
I think emotion will always be there every time we are in the platform exchange, But as much as possible we supposed to have a self control on

it, for us to avoid loss of capital or our coins. On this way, we can enhance our skill in doing trade in the platform as time goes by, isn't right?
Being emotional when it comes to trading can be extremely jeopardizing. One mistake a lot of people tend to make is to not even learn and practise enough to be able to gain huge confidence before even deciding to trade in the first place and in this kind of scenario, when all you do is gamble your postions in the market, the chances of ending up making silly mistakes and getting all emotional will always be there.

Trading makes sense when you are executing your strategy, discipline enough not to think twice when making these strategies to make trading decisions, fine tuning it over time, and getting better, I believe that is what makes a professional trader different from a careless newbie trader.
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